Moj.io Inc.

Moj.io Inc. in its US$40 million Series B financing

Client

Moj.io Inc.

Value

US$40 million

Service

Emerging and High Growth Companies

Date Closed

February 2019

Industry

Venture Capital

Lead Office

Vancouver


 

On February 20, 2019, Moj.io Inc. (Moj.io) announced the closing of its oversubscribed US$40 million Series B Round to accelerate the global growth of its carrier-grade connected car solutions. This was the final close of Moj.io’s Series B Round which saw several strategic investors participate throughout closings in 2018.  The round was led by Kensington Capital Partners and attracted new strategic investments from Assurant, Bosch and T-Mobile. All major investors from previous rounds participated again, including the Amazon Alexa Fund, BDC IT Venture Fund, Deutsche Telekom Capital Partners and Relay Ventures.

Moj.io, Inc.,  is a cloud-based connected car platform, headquartered in Vancouver, British Columbia, and has been ranked the second fastest-growing tech company in Canada by Deloitte in 2018.

Kensington Capital Partners, headquartered in Toronto, Ontario, is a leading Canadian investment firm in alternatives assets, with over $1.1 billion invested to date in venture capital, private equity, hedge funds and infrastructure.

Osler, Hoskin & Harcourt LLP represented Moj.io with a team that consisted of Mark Longo, Jacques Du Plessis, Jacob Young and Christina Brown (Emerging and High Growth, Corporate).

 


Team
Mark Longo - Technology Lawyer
Key Contact

Mark Longo

Partner, Emerging and High Growth Companies

Jacques Du Plessis

Jacques Du Plessis

Associate, Emerging and High Growth Companies

Jacob Young

Jacob Young

Associate, Corporate

Christina Brown

Christina Brown

Paralegal, Emerging and High Growth Companies